Nucor Corporation $NUE Shares Acquired by Nordea Investment Management AB

Nordea Investment Management AB boosted its position in Nucor Corporation (NYSE:NUE) by 2.0% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 1,892,423 shares of the basic materials company’s stock after acquiring an additional 36,323 shares during the quarter. Nordea Investment Management AB owned 0.82% of Nucor worth $255,155,000 at the end of the most recent quarter.

Other institutional investors also recently added to or reduced their stakes in the company. Berkshire Hathaway Inc acquired a new stake in shares of Nucor in the 2nd quarter valued at $856,792,000. Norges Bank acquired a new position in shares of Nucor during the second quarter worth $479,858,000. Greenwich Wealth Management LLC purchased a new position in Nucor in the second quarter valued at $123,145,000. Massachusetts Financial Services Co. MA acquired a new stake in Nucor in the second quarter valued at $105,435,000. Finally, AQR Capital Management LLC lifted its holdings in Nucor by 580.9% during the 2nd quarter. AQR Capital Management LLC now owns 653,845 shares of the basic materials company’s stock worth $84,699,000 after buying an additional 557,819 shares during the last quarter. Hedge funds and other institutional investors own 76.48% of the company’s stock.

Analyst Upgrades and Downgrades

NUE has been the topic of a number of recent analyst reports. BMO Capital Markets reiterated an “outperform” rating on shares of Nucor in a report on Wednesday, October 29th. UBS Group upped their price target on Nucor from $165.00 to $168.00 and gave the company a “buy” rating in a report on Wednesday, October 29th. Citigroup raised their price objective on shares of Nucor from $150.00 to $180.00 and gave the stock a “buy” rating in a report on Thursday, October 30th. Wells Fargo & Company set a $176.00 target price on shares of Nucor in a report on Thursday, December 18th. Finally, Jefferies Financial Group lifted their price target on shares of Nucor from $170.00 to $190.00 and gave the stock a “buy” rating in a research note on Wednesday, December 10th. Nine equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $175.09.

Nucor Price Performance

Shares of NYSE NUE opened at $169.39 on Wednesday. The stock has a market cap of $38.77 billion, a P/E ratio of 23.79, a P/E/G ratio of 0.90 and a beta of 1.87. Nucor Corporation has a twelve month low of $97.59 and a twelve month high of $171.94. The stock has a 50 day moving average of $158.72 and a two-hundred day moving average of $147.32. The company has a current ratio of 2.77, a quick ratio of 1.51 and a debt-to-equity ratio of 0.30.

Nucor (NYSE:NUE) last released its quarterly earnings results on Monday, October 27th. The basic materials company reported $2.63 EPS for the quarter, beating the consensus estimate of $2.30 by $0.33. Nucor had a net margin of 5.18% and a return on equity of 7.80%. The firm had revenue of $8.52 billion during the quarter, compared to the consensus estimate of $8.27 billion. During the same quarter in the prior year, the firm earned $1.49 EPS. Nucor’s revenue for the quarter was up 14.5% on a year-over-year basis. Nucor has set its Q4 2025 guidance at -2.630 EPS. On average, research analysts forecast that Nucor Corporation will post 7.64 earnings per share for the current year.

Nucor Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, February 11th. Investors of record on Wednesday, December 31st will be issued a dividend of $0.56 per share. This is an increase from Nucor’s previous quarterly dividend of $0.55. This represents a $2.24 dividend on an annualized basis and a dividend yield of 1.3%. The ex-dividend date of this dividend is Wednesday, December 31st. Nucor’s dividend payout ratio is 31.46%.

Insider Buying and Selling

In other Nucor news, EVP Thomas J. Batterbee sold 2,000 shares of the company’s stock in a transaction that occurred on Tuesday, December 23rd. The stock was sold at an average price of $165.28, for a total transaction of $330,560.00. Following the completion of the sale, the executive vice president directly owned 17,952 shares of the company’s stock, valued at $2,967,106.56. This represents a 10.02% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP Allen C. Behr sold 9,042 shares of Nucor stock in a transaction that occurred on Thursday, October 30th. The shares were sold at an average price of $151.28, for a total value of $1,367,873.76. Following the completion of the transaction, the executive vice president owned 73,661 shares in the company, valued at $11,143,436.08. This trade represents a 10.93% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders have sold 25,995 shares of company stock worth $3,990,634. Insiders own 0.71% of the company’s stock.

About Nucor

Nucor Corporation (NYSE: NUE) is an American steel producer headquartered in Charlotte, North Carolina. The company is primarily engaged in the manufacture and sale of steel and steel products, operating a network of steel mills, recycling facilities and fabrication plants across the United States and North America. Nucor’s operations emphasize electric arc furnace steelmaking using recycled scrap metal, which supports a decentralized, mill-based production model focused on efficiency and flexibility.

Product offerings span a broad range of basic and value‑added steel items, including sheet, plate, merchant bar, structural beams, reinforcing bar, tubing, fasteners and fabricated components.